Hello everyone this is adam meister the bitcoinmeister the disrupt meister
welcome to the one bitcoin show today is a valentine's day but who celebrates
Valentine's Day February the 14th 2019 value your wealth on Bitcoin in Bitcoin
on this Valentine's Day do value it and you know what strong hands long term
thinking one Bitcoin equals one Bitcoin uncon for
purse responsibilities new counter counterculture no fancy sets or graphics
here authentic conviction alright people measure your time in having's
and we don't have that much time until the next show this weekend Bitcoin is a
Friday that's tomorrow at 8:30 a.m. Eastern Time 1:30 p.m. London time
tawanda combo will be on the show and two other guests will be on the show
we'll talk some Zimbabwe we'll talk all sorts of Bitcoin topics all sorts of
crypto topics crip their dividends who knows who knows what can come up in
conversation on this week in Bitcoin show 8:30 a.m. Friday follow me on
Twitter if you need updates Peck ball te CH B alt let's see oh remember to play
this show it to X I play all my videos that I watch and I don't watch my own
videos by the way but every video I watch I play at least at 1.5 X speed ah
yesterday I was talking about a sort of be private eye some people asked about
be private if you really want to claim that you can get in touch with rocky
Palumbo he splits coins for people he gets crypto dividends for people he's a
great guy and he provides that service his email
is listed below you can he does all sorts of crypto consultation not just
with forks and encrypt of dividends and airdrops
so he's a good guy check him out he's linked to below I guess it's Warren to
give him a shout out he's been on the show before you guys are familiar with
him me dear mama dude said had this great tweet came in the Bitcoin for the
short-term dollar gains stayed in Bitcoin for the long-term
Bitcoin gains found that like button so yeah dude a lot of people come into this
game thinking about dollars battle viewing their wealth in dollars and
women and then they evolved and they're like wait a second long-term thinking
Bitcoin I'm valuing my wealth and Bitcoin now so yeah it's not about the
short-term gap dollar gains people you stick around this game because you want
the long-term Bitcoin gains gains so great tweet yesterday I when I was I
want to fuck about be private I talk about market cap I couldn't think of the
term realized cap realize cap the value of all coins in circulation at the price
thing last moved in other words an approximation of the value paid for all
coins in circulation that measurement and a lot of other measurements are
linked to below charts dot mobile.com slash Bitcoin - valuations it's linked
to below always check out the links section below read all the stories that
are down there you'll learn a lot about Bitcoin this this is the class that's
the homework down there you always got to do the homework it's very important
you really gain a new perspective on things and I hey man I provide this
stuff for you take advantage of it people take event you know you could sir
takes you a long time to search all this stuff about yourself so something that
that you wouldn't take a long time to search out today is the news that JP
Morgan is that you as so many people vilify and blame for
all their problems in life and think as part of some conspiracy that ruins
people take personal responsibility JPMorgan didn't make you poor
you make yourself rich by holding Bitcoin first of all but anyway going
back to JPMorgan and everybody like puts on this pedestal as if there's some
great king of some sort they announced here JPMorgan the largest bank in
America and by some measures the world will launch a dollar back cryptocurrency
called the J p.m. coin to settle payments between the bank's clients
according to CNBC the Geoghan will be tested starting in a few months it would
be the first blockchain based currency created by a major US bank so after
reading this in breaker magazine and again it's all linked to below my only
comment was going to be did to JPMorgan issue a press release back in 1997 when
they launched their intranet I mean whatever this is their own private it's
their own private cryptocurrency they're gonna use with their clients they
control it it's it's a stable coin wow that's great but I later I later found
that the following article which made me think a little bit more about this
because again this is such this is so so crypto noisy I mean the answer is not
your own private coin its Bitcoin and this is just a do you know this is just
their way of getting in on the game and the experimenting and whatever I'm sure
it'll benefit them in some way but you shouldn't be worried when I say you I
mean bitcoin holder or I mean but that I like there's a new perspective on this
I've read an article this article by Bloomberg JP board is crypto coin per
puts ripples relevance in question JP coin a so called stable coin JP
Morgan Chase and company plans for its clients to use and cross-border payments
is a direct threat to one of the most visible
blockchain company companies ripple this digital currency used in its products
yeah maybe this is like whatever ripple is trying to do maybe this is what they
are trying to do so that's kind of funny a battle of centralized companies here
who's gonna win a JP Morgan or Ripley Oh God so that's funny it's just a
reminder this whole situation and it might be a threat the ripple juice house
shows how silly that ripple is and it's like we'll look back in 20 years on
Ripple just like we look back on like 1997 when we hear about companies
private intranets that we're gonna solve all the world's problems
hey bitcoin means today thank you for the 20 Norwegian krone ah he says strong
hand and I'm going to talk about what you mentioned in the chat before the
show started at the end of this show it's a it kind of pertains to what we're
talking about here private crypto currencies or centralized
cryptocurrencies now a rip ler who I guess felt threatened by this whole
situation I guess I mean he might be the guy in charge of Ripple what's his name
be Garlin house is he the guy I don't knows who's in charge of that company
I'm not interested in private companies I'm interested in Bitcoin pound that
like button right but interesting tweet that I agree with on on many levels I
mean I can clue the Bitcoin is the answer I don't think he comes to the
same conclusion he says as predicted banks are changing their tune on crypto
yes that I also predict that but this JP Morgan project misses the point
introducing a closed network today is like launching AOL after Netscape it
escapes IPO two years later and back coins still aren't the answer so yeah I
think I agree back coins aren't the answer Bitcoin is the answer and I do I
do think this is like talking about the intranet when we
already had the internet which a lot of people were doing and they thought we
had the internet they're like well every intranets better we're gonna make our
own internet squat internets and veg make out sent five bucks thank you very
much he said I'm all for Jade up for the JPMorgan coin the more crypto gets out
into the Wall Street establishment the more eyes he brings to Bitcoin pound
that like button that she picked out you read my mind because guess what dude
guess what I I was going to share tweet just just about this huh
hang on in one second well I'll jump I'll jump to this Alistair Milne had a
good take wholeness and is linked to below I've you stable coins as gateway
drugs to real crypto assets on public block chains the more the merrier so
dead his outlook is similar to yours mentioned you know you create something
that's much less than perfect that's definitely not Bitcoin it gets a lot of
people aware of cryptocurrency though and hopefully some of them will then get
into Bitcoin yeah so he bring as you said benching stabbed more eyes it
brings the Bitcoin the more eyes it brings the big place so alistair melanie
basically said the same thing to you about that in terms of you know this is
supposed to be a stable core now this stable core i think it's only gonna be
used by clients of JP morgan but again it might interest them in bitcoin you
know open them up to other stable coins and everybody can use definitely will
get people more aware of bitcoin now there was a fun version of this story
out there to buy bearings that someone notified me on JP morgan just killed the
bitcoin dream that's another obituary pal that like button for obituaries keep
them coming because this thing ain't dying baby but the full version of that
baron story you can't actually read into barons anymore insolent you have to pay
their but someone put it on youtube and they like read it out so i linked to
that story if you if your dare listen to why JPMorgan just
killed the Bitcoin dream if you'd like to hear fine hey man it's a it
strengthens your hand it's a vaccine against Fudd when you get the little
exposure to fight moving on so yeah that's all I gotta say
about JPMorgan coin it is what it is I'm still holdin my big coin it'll be good
it's an intranet but maybe it'll wake some people up to Bitcoin so good good
positive spin on things and we got a flood in there too Zak vol who's been on
the show before he says fYI Masari crypto maintains the most comprehensive
Lightning Network resource page resource page on the Internet
you'll find developer links podcast interviews analysis pieces a lap
directory conference videos etc if you want to learn about lightning go here so
that is linked to below I know a lot of you want to learn about lightning I'm
always trying to provide some info that you might not know so there's an easy
link you can click on all right so I've said it before I'll say it again then
it's all cyclical here in crypto there'll be a Fiat boom again and I
gotta say when this next cycle starts when this next cycle starts that all the
holders the lot the strong holders the holders of last resort we have such a
head start in all this I mean we've got a head start but everyone will be
scrambling to get their big coins they'll be back in Bitcoin again we've
gotta get back in right now I'm gonna get my head for the hype but we we're
already in we have a head start so think of it that way when you're a holder at
last resort long term thinker here you've got a head
start on all these people these impulsive people these the 80 percenters
out there so also I someone who started to follow me if sometimes I check out my
new people following me on Twitter and I'd like to see you again you can follow
me a tech ball te CH B alt on Twitter bitcoinmeister on steam it where this
show is live right now but someone said they're a full-time crypto trader a
full-time crypto tree now you know talking about the next hype
cycle it's guys like that man that are just gonna fuel it guys who are just
they're gamblers I mean they're gonna lose what 90% of time 99% at a time so
they're gonna be jumping between these alts there that's bigger say it's their
job their full-time their full-time their a full time uh what was it or in
the early 2000s day traders stock day traders - that was their full time job
and now they're uh I don't know what they're doing
it's tough selling real estate working at the gas station or whatever no shame
in anything like that but they're not they're not full-time day traders
anymore it's it's not something you really can maintain because you lose you
lose all your money eventually it's gambling but no hey personal
responsibilities new culture new counterculture excuse me
new counterculture so yeah take personal responsibility you can do that but don't
blame me I warned you don't go run - for me saying hey you got
to bail me out now you're rich I want to tax your wealth to bail me out because I
became a crypto traitor but anyway there's crypto traders of the present of
the future full-time they are the ones that the fuel the hiked that hype up all
the nonsense and it all flows back in the Bitcoin and again we I've lived
through it once we'll live through another cycle
I mean I've really lived through yeah I mean yeah 20 since 2013 I mean I've held
Bitcoin since 2013 so yeah that's more than it's more than one cycle it's more
than one cycle but again we're in the in terms of the fiat cycle of its value and
Fiat and I value my wealth and Bitcoin we're getting to that point you know
when it gets to the 20 gets to the having where it'll turn around again and
everything and we've been through this so yeah someone always someone in the
chat always asked when moon when moon it's a ridiculous question it's a
ridiculous question because again if you're impulsive if you if you've got to
ask every single chat you know when's it gonna moon you're not going to do very
well on this who cares what's right you get more Bitcoin bitcoin is the future
all right you value your alpha but yours trying to get more Bitcoin don't care
if it's worked because guests why these might be worth 3,500 a day it could be
worth a 3,000 tomorrow is that going to be bad are you going to like panic
cellars something like that because you thought it was going to moon tomorrow
but yeah again we're one to have at this moon er or one day closer to returning
the 20k it always returns to its all-time high you just have to be
patient and just got a value wealth in Bitcoin finally there was a rumor in the
chat that I I mentioned Bitcoin means today said the the central bank of
Norway central bank spreading FUD today telling the people of Norway to stay
away from Bitcoin in the same speech is announcing that they are making their
own crypto coin oh just like JPMorgan I would love that I would love to get a
link about this to see if that would be very interesting news if Norway is
making their own fed coin what type of fed coin it is that would
that would be pretty big note news them saying stay away from Bitcoin now that's
common I mean there's so many countries that say that but if they're staying in
the same speech where they're saying we're having our fed coin well they're
they're straight up admitting with their let their do anything you know they want
they want to know every transit taxable transaction out there and they're gonna
make it really easy for everyone given their fed coins there Norway fed coins
and yeah don't go in that Bitcoin thing was we can't keep track of that that's
not easy that's not the system for us all right pound that like bun bang that
bail button subscribe to this channel check out the links below remember next
I do a new show here every day and tomorrow Friday is this weekend Bitcoin
live from Tel Aviv 8:30 a.m. in New York and that is 1:30 p.m. in London I will
say hi to all of you in the chat and yeah Norwegian people send me some info
about that if that happened you know what exactly happened today there Thanks
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